Answer / bindu

accounting means recording of day to day transaction in the
books of accounts which helps to know about the financial
position of the company at the end of the financial or
accounting year..

Answer / raj thakur

Right Answer

Answer / jagan

The systematic recording, reporting, and analysis of
financial transactions of a business. The person in charge
of accounting is known as an accountant, and this individual
is typically required to follow a set of rules and
regulations, such as the Generally Accepted Accounting
Principles. Accounting allows a company to analyze the
financial performance of the business, and look at
statistics such as net profit.

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